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-15+ years experience in markets
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ETHUSD H8: DISTRIBUTION / BEARS WILL TARGET 1500 USD(SWING)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don’t overleverage.
previously recommended buying low.

🔸 Summary and potential trade setup
::: ETHUSD H8 chart review
::: compression into BEAR FLAG NOW
::: expect new DUMP soon
::: upside limited from here / SHORT IT
::: Distribution in progress / BEARS
::: expecting limited upside short-term
::: BEARS focus on SHORTING high from
::: range highs near 2300 USD / 2400 caps
::: 40%/30% gains on SELL SIDE
::: final TP BEARS is 1500 USD
::: BULLS focus on buying low later
::: short-term BOUNCE possible from 1500 USD
::: however right now no valid setup for BULLS
::: nice setup for short-term traders
::: up to 40% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP BEARS is +30% gains
::: details: see chart
::: FINAL TP is 1500 USD BEARS
::: BEARS get ready to RESHORT from overhead
::: short-term play / BOUNCE now / WEAK MARKET
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/DUMP/1500 USD
::: Sentiment short-term: : RANGE/MIXED/2400 USD LIMITED

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.